https://www.taxtmi.com/caselaws?id=219349 The Tribunal allowed the appeal, overturning the CIT(A)'s decision to disallow depreciation on the windmill. The Tribunal found the evidence provided by the assessee, including certificates and test reports, convincing in establishing that the windmill was commissioned on 31.3.2005 and put to use, meeting the conditions for claiming depreciation. Despite the Revenue's contentions about suspicious documents and meter readings, the Tribunal considered the trial run of the windmill on the critical date as sufficient evidence of its use for depreciation purposes, ultimately ruling in favor of the assessee. en-us Wed, 25 Jul 2012 00:00:00 +0530 Fri, 12 Oct 2012 18:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219349 The Tribunal allowed the appeal, overturning the CIT(A)'s decision to disallow depreciation on the windmill. The Tribunal found the evidence provided by the assessee, including certificates and test reports, convincing in establishing that the windmill was commissioned on 31.3.2005 and put to use, meeting the conditions for claiming depreciation. Despite the Revenue's contentions about suspicious documents and meter readings, the Tribunal considered the trial run of the windmill on the critical date as sufficient evidence of its use for depreciation purposes, ultimately ruling in favor of the assessee. Case-Laws Income Tax Wed, 25 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219349